Home / Shipping News / International Shipping News / A.P. Moller – Maersk and Maersk Drilling have today published the statutory documents concerning the demerger and listing of Maersk Drilling

A.P. Moller – Maersk and Maersk Drilling have today published the statutory documents concerning the demerger and listing of Maersk Drilling

The statutory demerger documents published by A.P. Moller – Maersk include, inter alia, demerger plan and demerger statement. In addition, an information brochure in Danish is available, which contains a description of the demerger, the distribution of shares, and an introduction to Maersk Drilling. The documents are accessible on A.P. Moller – Maersk’s webpage on https://investor.maersk.com under AGM2019.

Maersk Drilling has published a listing document, which forms the basis for admission to trading and official listing of the Maersk Drilling shares on Nasdaq Copenhagen. The listing document is accessible on Maersk Drilling’s webpage https://www.maerskdrilling.com/financials.

The anticipated timetable for the demerger and listing of Maersk Drilling
The dates below are anticipated dates and may change. Any such change will be announced via Nasdaq Copenhagen. The demerger of A.P. Moller – Maersk is subject to shareholder approval at A.P. Moller – Maersk’s Annual General Meeting to be held on 2 April 2019.

A.P. Moller – Maersk Annual General Meeting – 2 April 2019
The demerger of A.P. Moller – Maersk must be approved at A.P. Moller – Maersk’s Annual General Meeting. The notice to convene for A.P. Moller – Maersk’s annual general meeting, including the agenda and other relevant information concerning the demerger is accessible on A.P. Moller – Maersk’s website https://investor.maersk.com under AGM2019.

Trading in A.P. Moller – Maersk including Maersk Drilling ceases 3 April 2019 at 5:00 p.m. CEST
Trading in shares in A.P. Moller – Maersk on Nasdaq Copenhagen up to and including 3 April 2019 at 5:00 pm CEST on usual market conditions will include Maersk Drilling and thus give the right to receive Maersk Drilling shares in connection with the demerger. On 4 April 2019, the separate shares are expected to begin trading on Nasdaq Copenhagen. Any trade of the A.P. Moller – Maersk shares on Nasdaq Copenhagen after 3 April 2019 at 5:00 pm CEST will not include Maersk Drilling and thus not give the right to receive Maersk Drilling shares in connection with the demerger.

First day of trading – 4 April 2019
The first day of admission for trading and official listing of the Maersk Drilling share on Nasdaq Copenhagen is 4 April 2019.

Demerger record date – 5 April 2019
Maersk Drilling shares will be distributed to A.P. Moller – Maersk shareholders registered in VP Securities on 5 April 2019 at 5:59 pm CEST.

Expected delivery of Maersk Drilling shares to shareholders – 8 April 2019
The Maersk Drilling shares delivered to A.P. Moller-Maersk’s shareholders are expected to be available in VP Securities on or around 8 April 2019.

Information
We encourage all our shareholders to read the information regarding the demerger of A.P. Moller – Maersk and listing of Maersk Drilling available on A.P. Moller – Maersk’s website on https://investor.maersk.com under AGM2019.

• A FAQ on the demerger and listing of Maersk Drilling in both Danish and English.
• An information brochure in Danish, which contains a description of the demerger, the distribution of shares, and an introduction to Maersk Drilling’s business.
• A fact sheet in Danish on taxation in connection with the planned demerger.

Source: Maersk

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